5 January 1987); Lieutenant
Governor Derek M. HODGE (since 5 January 1987); election last held 6
November 1990 (next to be held November 1994); results - Governor
Alexander FARRELLY (Democratic Party) 56.5% defeated Juan LUIS
(independent) 38.5%
Legislative branch:
unicameral
Senate:
elections last held 3 November 1992 (next to be held 2 November 1994);
results - percent of vote by party NA; seats - (15 total) number of
seats by party NA
US House of Representatives:
elections last held 3 November 1992 (next to be held 2 November 1994);
results - Ron DE LUGO reelected as delegate; seats - (1 total); seat
by party NA; note - the Virgin Islands elect one representative to the
US House of Representatives
Judicial branch:
US District Court:
handles civil matters over $50,000, felonies (persons 15 years of age
and over), and federal cases
Territorial Court:
handles civil matters up to $50,000, small claims, juvenile, domestic,
misdemeanors, and traffic cases
Political parties and leaders:
Democratic Party, Marilyn STAPLETON; Independent Citizens' Movement
(ICM), Virdin C. BROWN; Republican Party, Charlotte-Poole DAVIS
Member of:
ECLAC (associate), IOC
Diplomatic representation in US:
none (territory of the US)
US diplomatic representation:
none (territory of the US)
Flag:
white with a modified US coat of arms in the center between the large
blue initials V and I; the coat of arms shows an eagle holding an
olive branch in one talon and three arrows in the other with a
superimposed shield of vertical red and white stripes below a blue
panel
@Virgin Islands, Economy
Overview:
Tourism is the primary economic activity, accounting for more than 70%
of GDP and 70% of employment. The manufacturing sector consists of
textile, electronics, pharmaceutical, and watch assembly plants. The
agricultural sector is small, most food being imported. International
business and financial services are a small but growing component of
the economy. One of the world's largest petroleum refineries is at
Saint Croix.
National product:
GDP - purchasing power equivalent - $1.2 billion (1987)
National product real growth rate:
NA%
National product per capita:
$11,000 (1987)
Inflation rate (consumer prices):
NA%
Unemployment rate:
3.7% (1992)
Budget:
revenues:
$364.4 million
expenditures:
$364.4 million, including capital expenditures of $NA (1990 e
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